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BRIEF-Nexstim raises EUR 1.75 million via a directed issue
October 25, 2017 / 6:34 AM / 2 months ago

BRIEF-Nexstim raises EUR 1.75 million via a directed issue

Oct 25 (Reuters) - NEXSTIM OYJ

* REG-NEXSTIM RAISES EUR 1.75 MILLION VIA A DIRECTED ISSUE OF NEW SHARES TO LONDON-BASED INVESTOR CITY FINANCIAL - FUNDS TO BE USED TO SUPPORT BEGINNING THE COMMERCIALISATION OF ITS NBT® SYSTEM

* ‍E-FIT TRIAL IS EXPECTED TO COMPLETE IN Q2 2018, WHICH WOULD ALLOW NEXSTIM TO FILE FOR FDA CLEARANCE​

* ‍RESOLVED TO ISSUE UP TO 7,000,000 NEW SHARES AT A SUBSCRIPTION PRICE OF EUR 0.25 PER SHARE​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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